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Central Excise - Highlights / Catch Notes

Home Highlights November 2021 Year 2021 This

Entitlement to Interest on pre-deposit - the finding of learned ...

Central Excise

November 9, 2021

Entitlement to Interest on pre-deposit - the finding of learned Commissioner (Appeals) is erroneous that no interest is payable whether the pre-deposit is made by way of debit in cenvat credit account. - The Adjudicating Authority is directed to disburse the interest @12% per annum on the refund amount from the date of deposit till the date of refund - AT

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